How we arrange an invoice finance facility
Three steps on the surface. Here is what happens behind each one.
1. Tell us about your invoice book
The application covers your company details (verified against Companies House), who you invoice, your typical payment terms, and roughly what is currently outstanding. This takes about two minutes and uses soft checks only, so it never affects your credit score.
Behind the scenes, this is where we work out which product fits: whole-book factoring or discounting, or a selective facility if your invoicing is irregular or concentrated in a few large orders.
2. We arrange the right facility
Rather than pushing every application to a single funding partner, we match your invoice book and customer profile against the panel and identify the partner whose underwriting criteria, pricing and appetite for your sector genuinely fit. That partner then reviews your invoice book and recent bank statements directly.
This is also where the terms get set out plainly: advance rate, service fee, discount fee, and whether the facility is confidential (discounting) or visible to your customers (factoring). We screen for the terms we flag on every product page, no minimum-usage traps, no blanket personal guarantee, no multi-year auto-renewing contract, unless a specific partner genuinely needs one and says so upfront.
3. Funding against issued invoices
Once the facility is live, you submit invoices as you raise them (often through a simple portal or a regular statement upload) and the partner advances typically 80 to 90% of value within 24 to 48 hours. The remaining balance, minus fees, follows once your customer pays.
From here, most facilities settle into a routine: a periodic statement of your sales ledger, a named contact at the funding partner (often a relationship or business development manager) for anything that needs a human, and funding that scales automatically as your invoicing grows, with no need to reapply for a bigger facility every time volume increases.
What we do not do
- We do not hold your funds or run collections ourselves, that sits with the funding partner
- We do not run a hard credit check without your knowledge, only soft checks at the matching stage
- We do not charge you directly, we are paid a commission by the funding partner if a facility completes
Frequently asked questions
The facility itself sits with the funding partner, they hold the agreement, run the day-to-day administration and are your point of contact for statements and drawdowns. Done & Due arranges the match and stays available if you need to compare options later.
The initial application takes a few minutes and covers your company details, invoice book and payment terms. The funding partner will then typically ask for recent bank statements and a sample of your sales ledger before confirming terms.
Most partners release funds within 24 to 48 hours of an invoice being submitted through the facility, once your normal reporting routine is established.
Typically a regular statement of your sales ledger, monthly for most facilities, so the funding partner can track what has been invoiced, funded and collected. This is lighter than a bank overdraft review and becomes routine quickly.
Two minutes, soft checks only, no impact on your credit score.
See how much you could releaseLast reviewed: August 2026
See how much you could release.
Two minutes, soft checks only, no impact on your credit score.